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at this saying, this time it's about the russian oligard. but if you don't follow some rule of law on these -- >> one more thing, barclay's, one of the few houses putting out research over the weekend put out this bar chart to show the size of the relative costs of banks bailing out the banking system based on gdp. look at cyprus. it is so outside. ireland comes next and greece. spain, italy. they don't even come close. there's 600 billion euros of senior debt in italy. >> three practical questions. first, there's a bank holiday today. there's a bank holiday technically tomorrow. >> probably. >> if you want to get your money out of cyprus, you can't. >> impossible. >> two, when there was a crisis in -- when we thought there was a true crisis going on in italy and spain, corporationes and some institutional investors put their money in, but retail did not for the most part. so what happens in cypress and what happens across the board? even in the u.s. whether we have -- it's called runs. >> why do you touch anybody under the insurance level, though? >> i agree. that's where the writ
. and if the europeans have laid down -- if the eu has laid down these strict laws, guidelines and said we're not giving beyond that, it's a problem if they cross the imaginary line at that point, anyway. >> and it's fascinating. it really is about russian oligarchs that were parking money in places that they knew -- because the real story is much more interesting. >> you can understand why the germans are like, forget it, we're not bailing them out. >> exactly. and they're fed up in general. it's like seinfeld. they don't forget the -- >> they have a different sense of humor, very different. >> i'm german, too. >> i know. so you're allowed to -- >> i'm allowed to say that. >> let's take a look at the global markets report. kelly evans is standing by in london. kel le, tell us more about any potential ripple effects if there are any. >> becky, here is what is so interesting. if you were to take a glance behind me, having heard the reports from michelle or news out of cyprus or lack thereof this morning, you might think this is contechnologion from that event. not necessarily. what's interesting is this
care law. the senate voted on the tax but the resolution is not binding and it will not change the levy. so they get to say we voted to repeal it even though it doesn't actually repeal it. >> you said dumping duties? >> i said anti-dumping duties, actually. >> dumping duties. let's check on duties. >> d-u-t-i-e-s. >> okay. let's check on markets. i saw them early, even though -- >> duties? >> duties. kyle, you're still doing that, right? >> duties? yes. he doesn't call it that. >> oh, yeah, lots of them. you want a healthy -- you know? it's a growing boy. he's a big, strapping kid. >> he's got it. >> futures indicated higher even though europe is lower, up 13 points or so. not a great day yesterday. we lost about 90 on points. there's what's happening in crude this morning, up 21 cents a share -- or 21 cents a barrel. treasuries, 1 is.9%. i would have been watching grass dry for the last year or two and there's the dollar. 12.29 on europe. and then, you know, you would figure gold might be a little more. no -- >> yeah. one of our guests yesterday was somebody that thinks that gold is no
like fort knox. this is the first for private gold. and the law says if the federal government pro ports to confiscate we consider that null and void. this would be a way to prevent that. so you would be relying on texas sovereignty. >> this is interesting. you hear of the germans bringing gold and not wanting to leave it in the u.s. >> hugo chavez did that a couple of years ago. he had armored cars going through the streets of caracas. azerbaijan, small player, but they're taking their gold. it's being debated in the netherlands. so what we are seeing is a slow motion de-money taoeuzed. fort knox and west point have our gold. the fed has everyone else's gold. >> should i be investing in gold etfs? >> sure. etf is good for short-term. on a long term, you want to hedge or insure against some cat traffic outcome. it was closed after sandy. >> so you think you're hedging against a disaster. >> the exchange won't be there but the gold will. >> and you need it to pay for something i guess? are we talking about a revolution, nbc apocalypse or zombie apocalypse. >> what you are doing is t
and create jobs and maintain jobs. >> would you say that the labor, the rigid labor laws in europe, france, wherever, does it make you do different things in terms of hiring than in other countries around the world? >> well, you know, it is a different perspective, right? france is a specific, you know, case. >> talk about that. >> yeah, it mean, what needs to be done in france is, you know, to make sure that the labor laws but also the cost of labor is more attractive for companies to invest. but on the other hand, you know, in france and in europe, the level of education for people is very high. so we have a very, very strong, you know, population to work. we have very strong infrastructure. so it's also a big place to invest. >> are you a supporter of holland and some of the things he's done? >> well, you know, they've done a few things. i would love to have more to be done, to be done because i think, again, france needs to be more attractive. >> are you rooming with -- >> i thought he was in russia now. >> even though he's an honorary citizen. >> we have a lot of business in europe, i
to happen any time soon. instituting legislation as written is the law of the land for now. >> meaning that you're going to be seeing these huge increases. what do you hear back from some of the big employees when you tell them 32% more than you did last year. >> it's not the large employers, becky. it's the individual market and small group market. this fee of $64 a year goes to every employer. not just large employers. >> what do you hear back when you tell them this? >> a lot of them are surprised. that was part of the legislation that was passed in 2010. >> but do they think you're the bad guys? >> no. we explain where it comes from? >> mark, i would love to ask you about what you have described as your mission to make a all the mindful business benefits that you have brought to the 34,000 aetna employees to make them part of the benefits that they get. would love to hear how that mission is going and what you think some of the next steps will be. >> arianna, that's a great question. >> when employees are stressed their health care costs are $2,000 higher. it has an impact on their
Search Results 0 to 5 of about 6